FES International has been awarded a £598,000 contract to supply four high-pressure fluid swivels for Total's subsea Moho Nord project in Congo, West Africa. The Moho Nord project is to develop major discoveries, Marine 2 and 3, in the upper north of the Moho Bilondo license…
Chevron North Sea Limited has awarded a £150 million contract to Dolphin Drilling Limited, a subsidiary of Fred. Olsen Energy ASA, for a 20-month multi-well drilling and completion program, across several of its operations in the UK North Sea…
A European consortium, led by NEL in the UK, has been awarded a three year research project to establish a reference measurement network and standards aimed at improving the accuracy of subsea multiphase flow measurement for the oil and gas industry…
Marin, the ultra-deepwater excavation specialist and recovery firm, is to acquire AGR Seabed Intervention. The announcement comes after the duo formed a strategic alliance earlier this year. The acquisition of AGR Seabed Intervention…
Partners in the Shah Deniz gas field consortium in Azerbaijan have decided to go ahead with a stage 2 development of the Caspian Sea field, opening its sources to Europe. This decision triggers plans to expand the South Caucasus Pipeline (SCPX) through Azerbaijan and Georgia…
Norwegian Centre of Expertise Subsea (NCE Subsea) and the University of Bergen (UiB) have signed an agreement that makes the university a new partner in the subsea cluster network. Through the partnership, NCE Subsea and UiB want to improve communication between researchers and industry…
Hungarian integrated oil and gas firm MOL Group has entered the North Sea through a $US375 million deal with Wintershall, a subsidiary of Germany's BASF Group. MOL will acquire 14 licenses in the North Sea, including non-operated equity stakes in the Broom field (29%)…
Petroliam Nasional Berhad (PETRONAS) has announced a new gas discovery offshore Malaysia and the award of a three year integrated offshore installation contract. Operator on Block SK320, Mubadala Petroleum, discovered gas in the Sintok-1 well…
Marathon Oil has said it is to start marketing its UK North Sea and Norway assets as part of a continued portfolio optimization strategy. Marathon Oil president and CEO Lee Tillman said the move came as the business was focusing activity on US resource plays…
GE's Power Conversion business is to supply of dynamic positioning (DP) for a floating accommodation unit being built by Cosco (Nantong) Shipyard in Nantong City, China. The vessel is being built for Logitel Offshore, the Singapore-based floating logistics and accommodation rig owner…
Following a competitive tender process, Bristow Helicopters Ltd. has a significant new contract to provide helicopter transportation services to BP Exploration Operating Co. Ltd. The contract has a five-year term, with an option to extend…
Milan-based Saipem announced an agreement with Eni for the sale of the Firenze FPSO (Floating Production Storage and Offloading) business line for €336 million (US$464 million). The agreement includes the Firenze FPSO unit, the on-board processing plan…
Heerema Fabrication Group’s (HFG) Vlissingen yard in the Netherlands celebrated the first steel cut on the Gina Krog jacket, the largest launch jacket built at HFG. The 17,000-ton jacket is being built for Statoil Petroleum AS and is…
Rolls-Royce is to supply Abu Dhabi Marine Operating Company (ADMA-OPCO) with power generation equipment and services to help boost oil and gas processing at the Satah Al- Razboot (SARB) offshore project in the United Arab Emirates (UAE). The contract was awarded by Korean engineering…
French geoscience firm CGG is to operate parts of Norway's Diskos database from 2015 to the end of 2020 under a new contract signed with the Norwegian Petroleum Directorate (NPD). The contract will see CGG implment software on the seismic…